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A&L opens Nottingham business centre
Alliance & Leicester Commercial Bank has opened a regional business centre in central Nottingham. The team of five business relationship managers is based in Clumber Street and will support businesses with a turnover of £1m to £25m. Patrick Pryce, regional director, said: Nottingham has attracted a number of well-known companies, leading to the city boasting a thriving pharmaceutical and science sector. The city council has outlined plans to target other sectors including financial and business services, science and technology and retail and leisure. This should strengthen Nottinghams position. Despite the current economic uncertainty, there is long-term optimism in the local business community and the team.
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Nottingham outstrips rivals
Nottingham has become a key destination for business, outperforming cities including Leeds and Manchester. According to research by CB Richard Ellis, there was 5.9 per cent annual growth in jobs in the city compared with the rest of the UK at 4.7 per between 2000 to 2005. Marc Cole, chief executive of Nottingham Regeneration, which commissioned the report, said: This is a very exciting time for Nottingham as it looks forward to a decade of sustainable, physical and economic regeneration. What came out of the report is that Nottingham is an attractive option for companies wishing to locate here. What is also encouraging is that the city continues to prosper in retail, office and industrial rents as the rest of the country experiences a downturn. 
Gainsborough goes for growth
Gainsborough is celebrating after it was awarded Growth Point status by the government the only town in the East Midlands to become part of the programme this year. The funding will help deliver sustainable growth via increased housing and employment as part of Gainsborough Regained, West Lindsey District Councils masterplan for the area. The status means the council can plan for another 3,300 affordable houses being built over eight years and run a comprehensive transport assessment project.
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Bonar Floors to be sold for £123m
Bonar Floors, the floor covering and carpet tile manufacturer, which has a major factory in Ripley, is to be sold to Swiss-based Forbo Holdings. Bonars parent, Low & Bonar, said the company was being offloaded so it could concentrate on the technical textiles market. Paul Forman, group chief executive of Low & Bonar, said: We are proud to have grown Bonar Floors into one of the leading European players in contract flooring. It is not easy to let go of part of our heritage but the Forbo offer presented the right opportunity for us to exit. Bonar Floors employs 150 people in Ripley. It is not known whether the deal will result in any job losses.
Perspektiv takes on new Presence
Nottingham marketing group Perspektiv has acquired the web development arm of nearby IT company Presence. It has bought the assets of the web business including its client base and goodwill. All members of staff will transfer to Perspektiv. It is Perspektivs third acquisition, having bought Counterpunch, a promotional and point of sale marketing company, in 2002 and Unicorn Mail Management and Unicorn Print Management in 2005.
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Work begins on Corby station
Work on Corbys £10.2m train station has begun with Dean & Dyball on site this week. The construction work will run until late November 2008. Corby has been, until now, the largest town in Britain without a railway station.
Six more at Tetron Point
Work has started on an industrial business park on the 200-acre Tetron Point Development in Swadlincote. Developer William Davis, of Loughborough, is speculatively building Gresley Business Park, which will comprise six industrial units from 3,822 sq ft to 19,701 sq ft and design and build opportunities of up to 50,000 sq ft. Lambert Smith Hampton's Nottingham office is to market both schemes.
DTZ to manage Market Square House
DTZ in Nottingham has been appointed managing agent for Market Square House, a 65,000 sq ft office and retail development overlooking the remodelled Market Square. Market Square House has been refurbished and the offices fully occupied following the letting by DTZ last December of the fifth floor to Creative Marketing, which joins occupiers including Lloyds TSB, IGI Insurance, Alexander Forbes and Faber Maunsell.
Express delivery to Fosse Way
Translink Express Logistics have taken on a ten-year lease of an industrial unit on Fosse Way Industrial Estate on Mortimer Road, Narborough. The refurbished 33,000 sq ft unit has warehouse space on a private, secure forecourt with two-storey office accommodation. Innes England was the agent on the deal.
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Richardson joins Cityscape
Former Derbyshire Building Society chief executive Peter Richardson is the new chairman of Derby Cityscape, the urban regeneration company spearheading the £2bn regeneration of the city centre. He joins from Derbyshire Building Society where he was chief executive for eight years. Cityscape chief executive John Cadwallader said: Were delighted Peter has taken up this role. He brings years of experience at the Derbyshire Building Society and his enthusiasm and passion for Derby.
Flint Bishop regroups after Kaplan loss
Law firm Flint Bishop has reacted to the sudden departure of well-known dealmaker David Kaplan, revealed last week by Insider Weekly, by promoting Gavin White to head of corporate finance in Nottingham and appointing new partner Ran Oren as head of corporate finance in Derby. Ken Dixon, senior partner at Flint Bishop, said: We are excited about the potential of the corporate finance team, with Gavin and Ran at the helm. We have done a number of significant deals in recent months and I believe they will now be able to progress the team to a new level of challenging work. Kaplan has quit with assistant Davinda Patara to move to rival Lichfield law firm Keelys, which plans to set up in Derby.
Eversheds take on MacCuish
The Nottingham office of law firm Eversheds has appointed Andrew MacCuish as head of its construction team. MacCuish has 25 years experience, here and in his native New Zealand, with particular expertise in regeneration and real estate development work. He joins from Addleshaw Goddard where he was a partner in the construction team.
Rigby to direct Specsavers fit-out
Nottingham commercial design and fit-out business Paragon Interiors has appointed John Rigby as contracts director. He joins from Banner Holdings in Sheffield and will drive the recently won contract for Specsavers customer contact centre on NG2 in Nottingham.
New team for Delaney
The reorganisation and recovery team at Nottingham law firm Berryman has hired insolvency and bankruptcy specialist Barry Delaney. He joins from the Birmingham office of HBJ Gateley Wareing and will work alongside insolvency specialists Sue Lowry and Carl Mifflin.
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